Global utility-scale solar photovoltaic (PV) developer, Fotowatio Renewable Ventures (FRV, Madrid, Spain) on February 7th,
2017 announced it has signed a Power Purchase Agreement (PPA) with
Ergon Energy, the Queensland Government-owned electricity retailer, for
the output from its proposed 100 MWac (125 MWdc) Lilyvale solar
photovoltaic (PV) project.
The PPA, which will see Ergon Energy purchase
100 percent of the solar power and all large scale renewable energy
certificates (LRECs) generated by the Lilyvale Solar Farm, will be
effective once the solar facility begins operation – which is expected
to be towards the end of 2018.
The PPA will run until the end of the Renewable Energy Target (RET) scheme in 2030.
The announcement is the third PPA FRV has signed in
Australia within the last 12 months, following PPAs with Origin Energy
for the Moree Solar Farm in NSW and the Clare Solar Farm, near Ayr in
North Queensland.
The proposed Lilyvale solar farm is located
50 kilometres North East of Emerald in the Queensland Central Highlands
region, known for its many coal mines and cattle farming industry.
The project’s location near to major existing
network infrastructure makes it ideal for connecting the solar farm to
the national electricity grid and it is expected to power approximately
45,000 homes.
source: http://www.solarserver.com
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